Question : Name the term/process which means integrating the economy with the rest of the world?
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above
Correct Answer: Globalisation
Solution : Globalisation refers to integration of activities of whole world i.e. encourage foreign private participation in industrial development. Hence, option 3 is the correct answer.
Question : Fill in the blanks- ________ means Integrating the national economy with the world economy.
Question : Export promotion is concerned with:-
Question : Which of the following deals with the process of simplification of import - export?
Question : Name the process under which reduction in tax rates and lifting of unnecessary control over the economy was undertaken?
Question : Fill in the blanks- _________ means removal of entry and growth restrictions on the private sector.
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